Superstate USTB

Overview

The Superstate Short Duration U.S. Government Securities Fund (USTB) is a private fund tokenized on the Ethereum blockchain (ERC-20), offered exclusively to Qualified Purchasers. USTB invests in short-duration U.S. Treasury Bills and U.S. Government Agency securities (“Government Securities”) and provides yield targeting returns in line with the federal funds rate.

Agent Information

Regulatory Considerations

Based on our analysis, Superstate USTB operates in the infrastructure sector with medium regulatory risk. Key considerations for APAC jurisdictions:

• Hong Kong: Generally lower regulatory burden for infrastructure services
• Singapore: May fall under PSA exemptions
• Japan: Depends on specific functionality